Scrap Metal Market: December 2016
The metal market was able to stop the skid for the time being as scrap prices for crushed auto bodies increased nationally 4.1% since last month. The average price per gross ton is now up to about $136. The end of the year increase is encouraging after three straight months of steady decline. An article
Scrap Metal Market: November 2016
Scrap metal prices continue to dip. Scrap metal prices for crushed auto bodies declined 7.9% nationally since last month. Compared to this time last year scrap prices have increased 13.7%. The average price per gross ton is now roughly $131. See Scrap Metal Market: October 2016 to compare trends for crushed auto bodies. In the month
Scrap Metal Market: October 2016
In October 2016 scrap metal prices for crushed autobodies saw a decline of 22.4%. See September 2016 Scrap Metal Market Watch, and a 18.73% growth over the past year.
Scrap Metal Market: September 2016
Scrap metal prices for crushed autobodies saw a 2.45% decrease over the past month (see August 2016 Scrap Metal Market Watch) and have grown 47.82% over the past year. However, this still represents the 35% decrease since January of 2014.
Tesla Effect: Lithium to Lift Commodities
Lithium to Benefit Aluminum, Copper Today, battery-powered vehicles represent only 2% of the consumer market, with lithium demand for batteries at about 175,000 tons annually. Manufacturers including Tesla, Chevrolet, and Nissan have plans to expand production significantly over the next five years, requiring more lithium, which is concentrated in a handful of locations in Chile,